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Uggah (centre) presents a letter of appreciation to state JKR director Dr Cassidy Morris. KUCHING (Dec 14): The Ministry of Infrastructure and Port Development (MIPD) is in dire need of restructuring as well as obtaining more officers and other personnel to enhance service delivery, said its minister Datuk Amar Douglas Uggah Embas. The Deputy Premier said this is due to the increasing workload and new responsibilities it has been tasked with. “MIPD now has 42 officers and staff — we are looking at increasing this number to 60 and even 100. We certainly need the manpower, as we have a number of critical projects coming our way,” he said during the ministry’s appreciation dinner here on Friday. Uggah was delighted the state budget had set aside an unprecedented allocation of RM1.31 billion for the ministry in 2025. He said MIPD aims to spend 100 per cent of the allocation to benefit Sarawakians. “This means more and more jobs ahead to do and deliver as scheduled. As a matter of fact, when we included the Port portfolio to the ministry, this only accentuated our need for more manpower. “We too are in the final stages of turning the Bintulu Port Authority into a state port. We were supposed to accomplish this by Nov 30 this year, but this was extended to Dec 30,” he said. He said due to unexpected factors, the ministry was now trying its best to get the transfer of ownership done by Jan 30, 2025. Uggah disclosed that another major target was establishing the Tanjung Embang deep sea port. “This is a favourite dream of our Premier. We must ensure that his dream will materialise and for the port to be able to compete with other ports in the region. “We are most fortunate as we have the collaboration of Petroleum Sarawak Berhad (Petros) in working on this,” he said. According to him, MIPD hopes to create the single state port authority to consolidate all six state ports since the necessary law had been passed by the state legislative assembly recently. “My target is for this to function by June next year. So there is a lot of hard work to be done for a seamless transfer into this single entity and one which we want to do at minimal cost,” he said. On another matter, Uggah said some 39 new ‘Projek Rakyat’ had been announced for implementation next year. He said these projects would involve a cost of RM6.07 billion and the tender process would begin next year. “Beside all these, the ministry through the state Public Works Department (JKR) will be supervising not less than RM1.6 billion worth of infrastructural and amenity projects from all nine regional development agencies. “So there is much on our plate. Our leaders have indicated they greatly aporeciate what the ministry and JKR had done. So we should not let them down, and stay very focused on the tasks at hand. “But we would have not been able to achieve our success without the commitment, discipline and hard work of our officers as well as officers from all other department and agencies involved. Thank you very much for your contributions,” he said. In addition, Uggah said more young officers would be sent to join courses in various fields like in the latest engineering technologies, management and so forth. “We want them to not only be efficient, keeping abreast with the latest knowledge, but very competent as well. And again we want all to have the highest degree of integrity so that we can become a world class organisation in the country,” he added.
Well, this may be just for you: USA Football is holding talent identification camps all over the country to find that next flag football star. It's “America’s Got Talent” meets “American Idol,” with the stage being the field and the grand prize a chance to compete for a spot on a national team. Because it’s never too early to start planning for the 2028 Olympics in Los Angeles, where flag football will make its Summer Games debut. Know this, though — it's not an easy team to make. The men's and women's national team rosters are at “Dream Team” status given the men’s side has captured six of the last seven world championships and the women three in a row. To remain on top, the sport's national governing body is scouring every football field, park, track, basketball court and gym to find hidden talent to cultivate. USA Football has organized camps and tryouts from coast to coast for anyone ages 11 to 23. There are more than a dozen sites set up so far, ranging from Dallas (Sunday) to Chicago (Dec. 14) to Tampa (March 29) to Los Angeles (TBD) and the Boston area (April 27), where it will be held at Gillette Stadium, home of the New England Patriots. The organization has already partnered with the NFL on flag football initiatives and programs. The numbers have been through the roof, with engagement on social media platforms increasing by 86% since flag football was announced as an Olympic invitational sport in October 2023 . The participation of boys and girls ages 6 to 17 in flag football last year peaked at more than 1.6 million, according to USA Football research. “We pride ourselves on elevating the gold standard across the sport,” said Eric Mayes, the managing director of the high performance and national teams for USA Football. “We want to be the best in the world — and stay the best in the world.” Flag football was one of five new sports added to the LA28 program. The already soaring profile of American football only figures to be enhanced by an Olympic appearance. Imagine, say, a few familiar faces take the field, too. Perhaps even NFL stars such as Tyreek Hill or Patrick Mahomes, maybe even past pro football greats donning a flag belt for a country to which they may have ties. Soon after flag football's inclusion, there was chatter of NFL players possibly joining in on the fun. Of course, there are logistical issues to tackle before their inclusion at the LA Olympics, which open July 14, 2028. Among them, training camp, because the Olympics will be right in the middle of it. The big question is this: Will owners permit high-priced players to duck out for a gold-medal pursuit? No decisions have yet been made on the status of NFL players for the Olympics. For now, it's simply about growing the game. There are currently 13 states that sanction girls flag football as a high school varsity sport. Just recently, the Pittsburgh Steelers and Philadelphia Eagles helped pave the way to get it adopted in Pennsylvania. Around the world, it's catching on, too. The women's team from Japan took third at the recent word championships, while one of the best players on the planet is Mexico quarterback Diana Flores . “Could flag football globally become the new soccer? That’s something to aspire to," said Stephanie Kwok , the NFL's vice president of flag football. This type of flag football though, isn't your Thanksgiving Day game with family and friends. There's a learning curve. And given the small roster sizes, versatility is essential. Most national team members need to be a version of Colorado’s two-way standout and Heisman hopeful Travis Hunter. Forget bump-and-run coverage, too, because there's no contact. None. That took some adjusting for Mike Daniels, a defensive back out of West Virginia who earned a rookie minicamp invitation with the Cleveland Browns in 2017. “If a receiver is running around, I’m thinking, ‘OK, I can kind of bump him here and there and nudge him,’” Daniels explained. “They’re like, ‘No, you can’t.’ I’m just like, ‘So I’m supposed to let this guy just run?!’ I really rebelled at the idea at first. But you learn.” The competition for an Olympic roster spot is going to be fierce because only 10 players are expected to make a squad. The best 10 will earn it, too, as credentials such as college All-American or NFL All-Pro take a backseat. “I would actually love" seeing NFL players try out, said Daniels, who's also a personal trainer in Miami. “I’m not going to let you just waltz in here, thinking, ‘I played NFL football for five years. I’m popular. I have a huge name.’ I’m still better than you and I'm going to prove it — until you prove otherwise.” Around the house, Bruce Mapp constantly swivels his hips when turning a hallway corner or if his daughter tries to reach for a hug. It’s his way of working on avoiding a “defender” trying to snare the flag. That approach has earned the receiver out of Coastal Carolina four gold medals with USA Football. The 31-year-old fully plans on going for more gold in Los Angeles. “You grow up watching Usain Bolt (win gold) and the ‘Redeem Team’ led by Kobe Bryant win a gold medal, you're always thinking, ‘That's insane.' Obviously, you couldn't do it in your sport, because I played football," said Mapp, who owns a food truck in the Dallas area. "With the Olympics approaching, that (gold medal) is what my mind is set on." It's a common thought, which is why everything — including talent camps — starts now. “Everybody thinks, ‘Yeah, the U.S. just wins,’” Daniels said. “But we work hard all the time. We don’t just walk in. We don’t just get off the bus thinking, ‘We’re going to beat people.’” AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFLIT WAS a day to forget for Cowes Sports and East Cowes Vics, but Newport continued their fine unbeaten run with a draw, despite the disappointment of conceding two goals late on. FLEETLANDS 2, NEWPORT 2 Newport maintained their sixth spot position with a useful point away at Fleetlands, a place below them in the Wessex League Division 1 table. But the Islanders will be kicking themselves they did not take all three points. After nine minutes, a Fleetlands defender deliberately handballed as Joe Butcher charged in on goal and was given a straight red card. Up against ten men, Newport took advantage of having the extra man. They went a goal up 15 minutes later — Butcher seeing his powerful shot go in, despite the keeper's best efforts, from a Ji Nash ball from the left. And just three minutes later, in the 26th, Brad Young found Nash, who finished well to make it 2-0 — Newport in control. Port continued to create plenty of chances throughout the second half, but unable to kill the game off. Newport made a couple of late substitutions with the aim of seeing out the game. But Fleetlands produced an unbelievable comeback with goals in the 84th and the second minute of injury time to leave Newport feeling like they had lost. The win would have seen them leapfrog East Cowes Vics into fifth, with a game in hand over two sides above them. FRIMLEY GREEN 4, EAST COWES VICS 1 This was a six-pointer at the top end of the table, where East Cowes Vics' indifferent recent form see them drop from top to fifth in Wessex League Division 1. It was a bad day at the office for Vics, but they started off well — giving nothing away in a tight first 25 minutes. But after Caleb Neale was sin-binned, Frimley Green took advantage of having the extra man by taking the lead in the 40th minute. Vics weren't able to hold on, conceding a second a minute before half-time. Going out with a lot of hard work ahead to rescue the game, Vics conceded a killer third in the 65th minute, with an uphill battle ahead. But in the 80th minute, Elliott Wheeler hit a screamer to pull it back to 3-1 and give the Islanders some hope. But five minutes later, Wheeler was sent off and Frimley's fourth soon followed, to make it a miserable trip home. HAMWORTHY RECREATION 8, COWES SPORTS 0 The Yachtsmen fell to their heaviest defeat of the season in what was a miserable Wessex Premier trip to Hamworthy. After Cowes keeper hauled down a home forward after ten minutes for a penalty, the game never took off for the Islanders — and it was 4-0 at half-time, with only their pride to play for in the second half. But even that maxim was snatched from the blues, who conceded four more. Whatever was said in the dressing room during the interval, made no difference to the shellshocked players, who conceded a minute after the restart. And with their heads down, Cowes conceded a sixth within two minutes of Hamworthy's fifth. After conceding the seventh in the 62nd minute, there was a concern it would stretch to double figures, but the sixth-placed hosts did not complete the scoring until the 89th minute. Cowes dropped to 15th place. ALL THE RESULTS Wessex League Premier: Hamworthy Recreation 8, Cowes Sports 0. Wessex League, Division 1: Frimley Green 4, East Cowes Vics 1; Fleetlands 2, Newport 2. Island League, Division 1: Bembridge 1, Northwood St Johns 3; Cowes Sports Reserves 0, West Wight 6; Vectis 5, Binstead & COB 1. Division 2: ECS 9, Newport Reserves 1; Newchurch 2, Ryde Saints 0; Niton 2, Seaview 2. Isle of Wight Junior A Cup: High Park 3, Brading Town Reserves 1; West Wight Reserves 3, High Park Reserves 1; Whitecroft & Barton Sports Reserves 2, Sandown & Lake Reserves 1. Combination 1: Shanklin Reserves 8, Bembridge Reserves 0. Combination 2: Bembridge A 3, Osborne Coburg A 10; Sandown and Lake A 5, Niton Reserves 0. We do not moderate comments, but we expect readers to adhere to certain rules in the interests of open and accountable debate.
Alberta’s government says it will invest up to $50 million to support the creation of a first-in-Canada drilling test site to support technology development in the oil, gas, geothermal and lithium industries. The Alberta Drilling Accelerator is intended to be an open-access, industry-led site where companies can test drilling technologies at deep depths, high temperatures and varying rock types. A location for the hub site has yet to be determined. While no binding contracts have been signed, the province says several companies have expressed strong interest in serving as anchor tenants, including Calgary-based geothermal company Eavor Technologies, Tourmaline Oil Corp. and international oilfield service supermajor Halliburton. The money the province is providing will come from the industry-funded Technology Innovation and Emissions Reduction (TIER) program, which Alberta’s heavy emitters are required to pay into as part of the province’s industrial carbon pricing system. The provincial government says the Alberta Drilling Accelerator could start drilling in 2026.Qatar Chamber has participated in the 5th French-Arab Economic Summit, held under the patronage of President of the Republic of France, Emmanuel Macron, which was jointly organized by the Arab-French Chamber of Commerce, the Union of Arab Chambers, and the Federation of Small and Medium Enterprises (CPME), with support from ICE-FRANCE, the International Chamber of Commerce-France, International Medef, and Business France. The Chamber's delegation participating in the summit was led by HE Chairperson Sheikh Khalifa bin Jassim Al-Thani and included board member Dr Khaled bin Klefeekh Al Hajri. The summit was attended by more than 400 high-level economic figures and featured three round tables held on a geographical basis as general working sessions: the first focused on the Maghreb countries, the second on the Arab Levant countries, and the third on the Gulf Cooperation Council countries. On the margins of the summit, HE Sheikh Khalifa bin Jassim Al-Thani met with Director of the Office of the Minister for Europe and Foreign Affairs, Aurelien Le Chevalier. During the meeting, both sides discussed economic and trade relations between the two countries and explored ways to enhance cooperation between the Qatari private sector and its French counterpart, in addition to emphasizing the importance of fostering mutual investments and partnerships between the business sectors of both nations. During a round table dedicated to the GCC countries, Dr Khaled bin Klefeekh Al Hajri reviewed a working paper highlighting Qatar's successful hosting of the 2022 World Cup and its management of the post-World Cup phase, noting that Qatar recently launched the Third National Development Strategy 2024-2030, which aims to build a diversified, knowledge-based economy. He also pointed to the launch of the Qatar Research, Development, and Innovation Strategy (2024-2030) as part of the Qatar National Vision 2030. Al Hajri stated that the innovation strategy aims to position Qatar as a global leader in innovation and scientific research in the Middle East region, enhance the business sector's involvement in innovative activities, develop qualified domestic talent, and increase the sector's contribution to the state's GDP. He also highlighted the state's efforts to advance innovation by fostering partnerships and cooperation with international technology leaders such as Microsoft, Google Cloud, NVIDIA, and others, as well as through the launch of 5G networks.UTR Sports Partners with Stack Sports to Launch TeamInn Travel Services for Tennis and Pickleball
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Israeli Court Ruling Validates Nano Dimension Board’s Strategic Decisions and Clarifies Current Board StructurePenn State kicks off Sunshine Slam by cruising past Fordham
Penn State kicks off Sunshine Slam by cruising past FordhamMcGill runs for 2TDs and North Texas becomes bowl eligible by beating Temple 24-17
Palantir Technologies ( PLTR 1.56% ) shares have soared by 285% this year, while Nvidia ( NVDA 2.15% ) shares have advanced by 175%. Both companies play important roles in the burgeoning artificial intelligence (AI) economy, but several billionaire fund managers sold some of their Palantir stakes and bought more shares of Nvidia during the third quarter. Cliff Asness of AQR Capital Management sold 99,140 shares of Palantir, cutting his position by 16%. Meanwhile, he added 719,710 shares of Nvidia, upping his position by 5%. Nvidia is now the largest position in AQR's portfolio. Ken Griffin of Citadel sold 5.1 million shares of Palantir, reducing his stake by 91%. Meanwhile, he bought 4.7 million shares of Nvidia, increasing his stake by 194%. Nvidia is the second largest position in Citadel's portfolio, excluding options contracts and index funds. Steven Schonfeld of Schonfeld Strategic Advisors sold 60,384 shares of Palantir, closing his position in it completely. Meanwhile, he added 703,192 shares of Nvidia, increasing his stake by 217%. Nvidia is the largest holding in Schonfeld's portfolio, excluding index funds. Palantir Technologies: The stock some billionaires were selling Palantir provides data analytics software. Its core Gotham and Foundry platforms integrate information and machine learning (ML) models into an ontology -- a digital layer that defines the relationships between real-world objects. Using prebuilt and custom analytics tools, businesses can query the ontology layer to surface insights that improve decision-making. Palantir also has an artificial intelligence platform called AIP, which brings generative AI support to its core products, letting users engage with that software using natural language. For instance, procurement teams managing supply chains with Foundry can simply ask the platform to review problems and propose solutions as they arise. While many vendors sell AI and analytics tools, Palantir believes it is unique in its ability to operationalize AI. In other words, Palantir says its software lets clients move prototype use cases to production more effectively than other solutions. There may be a bit of posturing in that belief, but analysts have recognized Palantir as a leader in AI/ML platforms. Palantir reported excellent financial results in the third quarter, beating estimates on the top and bottom lines. Revenue increased 30% to $725 million, and non-GAAP net income surged 43% to $0.10 per diluted share. Management attributed its strong performance to momentum with AIP. "Our unchallenged ability to channel and guide the demand for integrating AI seamlessly with essential data, distribution, and decision-making structures is what truly sets us apart," CEO Alex Karp wrote in his letter to shareholders. That confidence is undoubtedly encouraging for Palantir shareholders, but the company's valuation has become a significant problem. Wall Street expects Palantir to grow its adjusted earnings at an annualized rate of 27% through 2025. That makes the current valuation of 188 times earnings look absurdly expensive. Those figures give it a price/earnings-to-growth (PEG) ratio of 7, and conventional wisdom says anything trading at a PEG above 2 is expensive. Prospective investors should avoid this stock for the time being, and current shareholders should consider trimming large positions. Nvidia: The stock some billionaires were buying Dan Ives at Wedbush Securities says Nvidia is the "foundation of the AI revolution." The company designs the most coveted graphics processing units (GPUs) in the computing industry. Nvidia accounted for 98% of data center GPU shipments in the last two years, and it has about 80% market share in AI accelerator chips. That leadership is reinforced by CUDA, a robust ecosystem of software development tools. An article in The Wall Street Journal recently explained how CUDA contributed to the rise of Nvidia: "Year after year, Nvidia responded to the needs of software developers by pumping out specialized libraries of code, allowing a huge array of tasks to be performed on its GPUs at speeds that were impossible with conventional, general-purpose processors like those made by Intel and AMD ," wrote that newspaper's Christopher Mims. Nvidia reported excellent financial results in the third quarter, beating estimates on the top and bottom lines. Revenue rose 94% to $35 billion, and non-GAAP net income jumped 103% to $0.81 per diluted share. Investors have good reason to think that momentum will continue. Nvidia is currently ramping up production of its next-generation Blackwell GPUs, and CFO Colette Kress recently told analysts, "Demand is staggering." Looking ahead, Wall Street expects Nvidia's adjusted earnings to increase at an annualized rate of 52% through its fiscal 2026, which ends in January 2026. That consensus makes the current valuation of 52 times adjusted earnings look quite reasonable. Those figures give a PEG ratio of 1, which makes Nvidia far cheaper than Palantir. Patient investors should be comfortable buying a position in this stock today.
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